The Road to $0.75: How Dogecoin Could Achieve a New All-Time High
Dogecoin's price trajectory to $0.75 is detailed by crypto expert Behdark. He explains why Dogecoin may still correct before rallying to its ATH.
In a TradingView post, Behdark said Dogecoin may be approaching wave F, a bearish wave. The crypto expert expects wave F to last between 196 and 347 days, like the preceding corrective waves of this diametric did.
This wave F corrective move might lower Dogecoin to $0.15, according to the analyst's graphic. Like waves B and D, the analyst expects this corrective wave to be turbulent. According to the 196 to 347-day timetable, this corrective wave may last until November 2025.
Dogecoin will enter wave G after corrective wave F. Wave G will be bullish and may set a new ATH, according to Behdark. The following chart shows Dogecoin might reach $0.8 on this impetuous uptrend. The leading meme currency may not reach the psychological $1 price barrier.
A weekly candle below the invalidation mark at $0.12 would invalidate the purchase view for the green zone between $0.15 and $0.20, the crypto expert noted. Since crypto experts like Trader Tardigrade have forecast that Dogecoin might reach double digits by mid-2025, Behdark's study offers a new viewpoint.
Behdark's study also shows that Dogecoin's price won't hit $1 this market cycle, a goal market players have set since the meme coin's parabolic ascent in October and November.
Four-Year Cycle Continues
Since the four-year cycle is still in play, crypto expert KrissPax was more optimistic about Dogecoin. The expert said that Dogecoin took off in January 2021 following an uptick in late December 2020. He then said this historical tendency may reoccur.
Crypto expert previously predicted a Dogecoin price comeback in January 2025 based on the 2021 bull run. Crypto researcher thinks Dogecoin might achieve a new ATH around Donald Trump's inauguration, particularly with the Department of Government Efficiency (D.O.G.E) launching.
Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін.Шарттар мен талаптарды қараңыз.
DOGE
0,32275
+3.79%
16.6k
0
Жауап 2
Баға белгіленімі 2
Криптоәлемдегі соңғы жаңалықтармен танысыңыз
⚡️ Криптовалюта тақырыбындағы соңғы талқылауларға қатысыңыз